The deal allocates money for specific kinds of business owners and industries, including $15 billion in grants for entertainment venues and theaters affected by mandated closures during the pandemic.
Business Insider reviewed the nearly 5,600-page bill and talked with experts to help you navigate how to take full advantage of its benefits for your business. This time around, PPP is a little different. The stimulus targets the smallest firms. It's opened up to nonprofits, put an emphasis on the service sector, and has a focus on low-income communities. Experts say the guidance around PPP loans is clearer this time around, as legislators have worked out many of the kinks of the CARES Act.